Risk Mitigation

Questions: 1. Where should staff meet in the event the network is not accessible? 2. Who has the authority to initiate a contingency plan? 3. Which staff members are critical and must be on-site or always reachable? 4. Where are the back-ups and how are they restored to go back to the old version of software? 5. Who can cover for each critical staff member? 6. What are single points of failure and how can those risks be ameliorated? 7. What systems, vendors, and partners pose risk should they fail? 8. Who is responsible for communicating with customers, and how? Answers: Introduction To handle the mitigation of the risks control, there is a need for the software development like the reviewing of the software update requirements. This will help in analyzing the quality of the product and helps in a proper development of the software life cycle. With this, there is a need to identify the different contingency plans which will assist in minimizing the impact and recommend for the improvement of the office situations. (Juttner et al., 2003). 1. Where should staff meet in the event the network is not accessible? For the assessing of the contingency and the changing management plans, there is a need for the practices and the procedures which are important. The staff meetings should be in the conference room among the different directors of the company to discuss with them about the problems faced at the time of updating the software of a network. The discussion Office will help in assessing the situations and the potential impact of the same. The framework is based on the development and the actions prioritization to address a given situation. 2. Who has the authority to initiate a contingency plan? The area supervisor and the system supervisor has the power to work on the contingency plan from the initiation of the termination. (Chritopher et al., 2004). For the up gradation of the software, the area supervisor will have to be determined by the availability of the source of supply along with the system capacity with the other terms and conditions. The management of the up gradation of the software is the proper track and control which will help in setting the management and scheduled process for the update. The mitigation plan could be through the recognition of the diversity which includes the development of the promotional strategies. The work is based on the integration along with the involvement of the approach that related to the disability related conferences. 3. Which staff members are critical and must be on-site or always reachable? For handling the network and the business plan, there is a need for the leader who is going to guide on the upgradation of the software in the network. The owner of the site is important for the public events to facilitate the required open meetings. The planner is based on making sure about the different events along with the promotions for it. Also, the expert is necessary who will be able to install the network software by properly reading the terms and the conditions. (Royer, 2000). The strategist helps in identifying the different irregularity process which comes when there have been natural disasters. The major step is to determine the plans along with considering the external source of change. The situations should be such that the entire review is based on the goals to achieve them with the effective change management plan. 4. Where are the back-ups and how are they restored to go back to the old version of software? For the backups, the best alternative is the cloud storage which will be managed by the concerned people who is handling the network. The cloud computing is the best process to ensure the consistency along with controlling the processing of the resources as per the demand. The configuration is based on working over to provide the users and the enterprise, enough capability to store the data. The claims are based on avoiding the infrastructure costs which will enable the organizations to focus on the business at the effective time and money spending. (Kleindorfer et al., 2005). There is an option to restore to the default version or restore to the previous version in order to ignore the new updates of the software in the network. 5. Who can cover for each critical staff member? The resource management can work on his staff members and thereby, look after their performance. They need to focus on their capabilities along with determining the likelihood where the agencies prioritize the contingencies. The planning is based on identifying the event happening process with the proper conduction of the Strengths, weakness, opportunities and the threats. These are based on the successful development and implementation plan to identify the changes and work on them effectively. 6. What are single points of failure and how can those risks be ameliorated? There are problems of the single point of failure where there is a need to handle the management with the documentation and the test of the results. The testing process is based on the identification of the failure and the weakness. This ensures that the issues have been fixed efficiently. For the elimination, there is a need for the secondary IT department to work on the call as per the need basis. This will help in understanding the unique requirements and the documentation of the IT exam. (Zsdisin et al., 2000). To ameliorate the risks, the succession planning is based on analysis of the jobs to ensure that the people can work on the planned availability patterns along with the continuity set for the job functions. There is a need for the unique knowledge, skills and the functions to work in the short-term and the long-term impacts. The operations are for the execution process by regularly following up the development plan for the skill enhancement. The decision-making process helps in analyzing about the acts as a backup for the people. Hence, this will assist in protecting the organization growth and shrink. 7. What systems, vendors, and partners pose risk should they fail? The system risks are based on the data where the business partner needs to access, store and process the data based on the different patterns. The sensitive data like the security number and the associated costs need to be handled effectively so that there is a proper access to the intellectual property pattern. The vendor risks management fail when there has been the regulatory environment with the regulations to handle the protect the management of the vendors and the supplier's risks. (Christpher et al., 2004). There is a possibility to regulate the foreign corrupt practices with the assessment of the risks faced by the organization, involvement of the senior management, training programs and the availability of the different policies for the employees and the intermediaries. The diligence has been set on the business partners with the inclusion of the other bribery-related provisions when it comes to the contract and software up gradation. The partners involve the risks of types of the accessing of the data and the resources. There has been in-person physical access with the local login credentials to handle the remote execution. The patterns are based on executing the performance with the accessing responsibility. The information security practices are for the handling of trusted connections with the use of certain legitimate accessing credentials which are difficult to detect. 8. Who is responsible for communicating with customers, and how? The best is to involve the stakeholder from the development phase of the plan so that they can reach out to people, in the case of any requirements. They can effectively handle the same through the meetings or the big conferences so that the people can address the issues and work on it effectively by suggesting some ideas. The Media Action Plan is important for the designating and educating the people through the news about the different risks management plan when there is a need to upgrade the software in the network. This will be designated through the development and the set procedure which holds a well-defined planning. Reference Zsidisin, G. A., Panelli, A., Upton, R. (2000). Purchasing organization involvement in risk assessments, contingency plans, and risk management: an exploratory study.Supply Chain Management: An International Journal,5(4), 187-198. Royer, P. S. (2000). Risk management: The undiscovered dimension of project management.Project Management Journal,31(1), 6-13. Christopher, M., Lee, H. (2004). Mitigating supply chain risk through improved confidence.International journal of physical distribution logistics management,34(5), 388-396. Kleindorfer, P. R., Saad, G. H. (2005). Managing disruption risks in supply chains.Production and operations management,14(1), 53-68. Jttner, U., Peck, H., Christopher, M. (2003). Supply chain risk management: outlining an agenda for future research.International Journal of Logistics: Research and Applications,6(4), 197-210.